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BTCUSD may be on a start of a new bearish trend after its breakout through this important support level

BTCUSD has broken through a support line. Because we have seen it retrace from this price in the past, one should wait for confirmation of the breakout before trading. It has touched this line numerous times in the last 22 hours and suggests a possible target level to be around 62269.9141 within the next 5 hours.

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